Why is Cheviot Company falling/rising?

As of 04-Jul, Cheviot Company Ltd's stock price is currently at 1,172.20, reflecting a decrease of 11.8 points or 1.0%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.62% during this period. It has also underperformed its sector by 1.82% today. Over the past week, the stock has shown a modest gain of 2.06%, but it has significantly lagged behind the benchmark Sensex, which has increased by 3.01% over the past month. The company has a low Debt to Equity ratio and a fair valuation with a Price to Book Value of 1.1; however, its profits have declined by 16.8% over the past year, contributing to a negative sentiment around the stock.
In the broader market context, while Cheviot Company has seen a short-term gain, its long-term performance has been disappointing, with a year-to-date return of -8.99% compared to the Sensex's gain of 6.77%. The stock has consistently underperformed against the benchmark over the last three years, with a return of -15.84% in the past year. The lack of investor participation, as indicated by a significant drop in delivery volume, and the small stake held by domestic mutual funds suggest a lack of confidence in the company's growth prospects. Overall, these factors indicate that the stock's recent decline is driven by poor financial performance and negative market sentiment.